day 285 of growing my charizard collection till it hits $1milwill crypto ATH's be bullish for pokemon singles/slabs?
>>60945632I stay in Japan, can I profit selling second hand Pokemon cards on ebay or is it full of chinks and beaners? My local second hand store is full of pokemon cards and games etc
>>60948064theres probs not much profit flipping singles from japanbut you can of course buy sealed product for 2-3+ years and sell it for profit once its rarer (like most pokemon investors do)
>buying at the top
>>60948335there is no topi love you
>>60949047https://companiesmarketcap.com/assets-by-market-cap/Where on this chart do you see pokemon cards?
All I'm thinking is the market has to run out of bag buyers eventuallyEveryone has equal ability to buy XYZ booster box right now at [current price] - but instead, they opt to wait several years and pay 3x that price? Why? Is it actually new people entering the hobby and fomoing in as an "investment"? I don't get it, especially with the legion of POKEINVOOOOSTORS hoarding 10 million boxes now - something that was basically non-existent before 2020.
>>60945632KYS
>>60949388you'd think so but every year new people (who grew up on pokemon) become adults with a salary anonalso you can say the same for crypto or any art, why would people pay 3x the old price
>>60945632Saudi involvement is what will push pokemon higher, which is more likely with their acquisition of Niantic. Rumor is that it was a Saudi prince who bought the PSA 10 gold star collection for 1.21 million. The current boom is still mostly just normal folks buying, the insane institutional/old money hasn't entered yet.>>60949388They usually get impatient and sell off their stock before then. When packs are cheap they get opened, and before long they're all gone. It used to take a lot longer for sealed product to meaningfully appreciate.>they opt to wait several years and pay 3x that price? Why?Usually because the box was unappreciated at the time. That's not the case this time around, but it's also never been this crazy before. >run out of bag buyers eventuallyThe market is propped up by gamblers, not rational investors. The value of a PSA 10 is baked into the box value, and enough people just assume a pack fresh hit means a 10, even though it doesn't. When their card comes back a 9 they get upset, quick sell it to buy another box and gamble on hitting a 10. Once you get gambling in the mix people will minimize the losses in their heads and overstate the gains. It can go on forever as long as people feel like they're winning or not properly logging how much they've spent.
>>60949057
>>60950703based
I don’t get this at all and I feel like I’m going crazy. The Umbreon VMAX 215 from Evolving Skies is selling for almost $4,000 in a PSA 10. There are almost 18,000 PSA 10 copies of this card going around. Thousands of these umbreons are sealed in booster packs and will be opened eventually which will only raise the supply. People on subs like this keep saying “oh it’s because the art is cool.” That makes no sense to me. If it’s just about the art, why does the value hinge completely on it being a PSA 10 slab? Buy an NFT instead kek. A 1st Edition Neo Discovery Umbreon in PSA 10 has a population of 108. That is one hundred and seventy times rarer than the modern Umbreon which sells for around $13,000. That is way more expensive but not at all proportional.I think about it like market cap. I know that’s not exactly how collectibles work, but it helps me see how ridiculous this is.Umbreon VMAX is 18,000 × $4,000 = $72,000,000mcNeo Discovery 1st Ed Umbreon is 108 × $13,000 = $1,404,000mcSo the modern Umbreon has a market cap fifty times bigger than the vintage one, even though the vintage is basically extinct with a pop that could realistically never rise and the modern is still getting pulled every single day. What???
>>60951292because nobody cares about vintage lmao
>>60951329but why tho
>>60951371the cards are ugly and also lazy compared to beautiful modern kino
>>60951292idk its hype based, everyone knows about moonbreon but "1st Edition Neo Discovery Umbreon" is nicherplus once you get past $10k you'll find less buyersplus art is actually betterbut i will agree seems vintage is due abit of a pump
From a purely investing standpoint this is all wrong.
>>60954945why?
>>60955071There is a right answer but people like you who think investing in pieces of cardboard will strawman it. I also collect cards including Pokemon and I think "investors" are retarded.
>>60955188well you might as well now
>>60955188>>60955071>>60954945>>60948064>>60949057>buying physical
>>60945632You'd better be buying some of the new set sealed plus a few Mega Zards
>>60955490of course, that mega zard sir looks so good
>>60951292Congratulations, you’ve seen through the hype and the bubble. And yes, “collectors” not appreciating vintage is a sign that these aren’t collectors; they are bandwagoneers. Beware of the edge of the cliff.
